3309 NW Reinhart DrAnkenyIA50023
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Ankeny at 3309 NW Reinhart Dr, Ankeny, IA, 50023 generates $2,737/mo in rent, after a $2,447/mo payment. Total monthly income is $2,737/mo. Return on cash invested sits at 16.05% in year one, and rental yield is 6.57% on a $500,000 entry. Equity gained on principal adds $3,226/yr, while 5% annual appreciation builds toward $138,141 over five years. Five-year ROI reaches 82.64% and total cumulative return in cash sums $136,976. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,737/mo property income rather than buyer’s personal income.
Single Family
Built in 2021
9,583 sqft lot
$N/A/sqft
$200 annually HOA
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Listed by: Paula Swenson • Re/Max Precision Ankeny Uptown
Mls Name: CIBR
Mls Provider:
Mls ID: #67507
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.